Bitcoin is still flexing its trillion-dollar muscles this morning, trading at $113,083 with a market cap of $2.25 trillion and a 24-hour trading volume of $61.95 billion. The price ping-ponged between $112,009 and $114,762 over the last 24 hours, making it the kind of market that either keeps you caffeinated or completely unhinged. Bitcoin On
Payments giant Stripe unveiled a stablecoin issuance platform and AI commerce tools at its New York showcase on Tuesday, marking a push to tie its payments business to the growing role of digital dollars and artificial intelligence in online transactions. Open Issuance, underpinned by stablecoin infrastructure platform Bridge that Stripe acquired for $1.1 billion last
Bit Digital (BTBT) shares slid 8% at the U.S. market open, dropping to $2.92 after the company announced an upsized $135 million convertible note offering. Bit Digital increased the size of the 4.00% convertible senior notes offering from $100 million. Underwriters hold a 30-day option to purchase up to an additional $15 million. The notes
Crypto exchange Gate unveiled Gate Fun, an on-chain platform that allows users to issue and trade tokens without coding. The platform runs on Gate Layer, the company’s recently launched layer-2 network built on the OP Stack. Gate claims users can create tokens in under a minute by paying a small gas fee in GT, the
U.S. bank Citizens began coverage of Circle Internet (CRCL) with a market perform rating, noting that while the company is poised to capitalize on stablecoin growth, its valuation already captures much of the upside. Circle, issuer of the second-largest stablecoin, the dollar-pegged USDC, and euro-pegged EURC, has built a broad infrastructure suite, including a payments
Bitcoin and Ethereum were roughly flat early Tuesday morning, with hours left for Congress to approve a funding bill that would avert a U.S. government shutdown. At the time of writing, Bitcoin is trading for $113,435, showing no movement over the last 24 hours but a slight 0.4% uptick over the last hour. Ethereum is
Horizen Labs, a zero-knowledge cryptography platform, is rolling out its dedicated layer-1 blockchain for private data verification. ZkVerify, a new L1 blockchain designed for zero-knowledge proof (ZK-proof) verification, announced its mainnet launch on Tuesday. “ZkVerify’s mission is to remove the economic and technical barriers to ZK adoption,” Horizen Labs CEO and zkVerify founder Rob Viglione
The US-based Space Exploration and Research Agency (SERA) and The Open Network (TON) Foundation have launched a new Telegram-based Mini App that will allow users to vote on who gets to fly to space aboard a Blue Origin rocket. The initiative, called Mission Control, is part of a broader effort to “democratize” space access by
CoreWeave (CRWV), an AI-focused cloud computing company, secured a $14.2 billion deal with Meta Platforms (META) to supply Nvidia’s latest GB300 systems, according to a Bloomberg report citing an interview with CEO Michael Intrator. Shares in the company, which is in the process of buying Core Scientific (CORZ) for $9 billion, jumped more than 8%
JPMorgan analysts said the stablecoin market has pulled ahead of the broader crypto ecosystem this year, fueled in part by the passage of the U.S. GENIUS Act. At nearly $300 billion, the market has grown 42% year-to-date, nearly double the 21% growth of crypto overall, according to a report published Tuesday. The report notes that